RDA Resolution 1995-17^# II
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RESOL*ON RDA 95-17
A RESOL*ON OF THE REDEVELOPMENT
AGENCY OF THE CITY OF LA QUINTA
APPROVING A DISPOSITION AND
DEVELOPMENT AGREEMENT BY AND
BETWEEN THE AGENCY, DESERT SANDS
UNIFIED SCHOOL DISTRICT, AND THE
DESERT SANDS SCHOOL BUILDING
CORPORATION
WHEREAS, the La Quinta Redevelopment Agency the Agency"), Desert Sands
Unified School District and Desert Sands School Building Corporation collectively referred to as
the District") desire to entered into a certain Disposition and Development Agreement the DDA")
for the disposition and development of certain property situated within the La Quinta Redevelopment
Project Area No.2 the Project Area"); and
WHEREAS, the purpose of the DDA is for the development of a School District
Administrative Center and necessary public improvements, and the Agency will construct public
improvements needed for two future affordable housing projects on 48th Avenue; and
WHEREAS, the DDA is in the vital and best interest of the City of La Quinta the
City") and the health, safety and welfare of its residents, and in accord with the public purposes and
provisions of applicable State and local laws and requirements under which the Redevelopment Plan
has been undertaken; and
WHEREAS, the Agency is authorized to use tax increment revenues to increase,
improve, and preserve the community's supply of low- and moderate-income housing available at
affordable housing cost pursuant to Health and Safety Code Section 33334.2 and
WHEREAS, pursuant to Health and Safety Code Section 33445, the Agency is
authorized to use tax increment revenues to pay all or a part of the value of the land for and the cost
of the installation and construction of any building, facility, structure, or other improvement which
is publicly owned either within or out of the project area; and
WHEREAS, the Agency and the City Council of the City of La Quinta have
conducted a duly noticed joint public hearing regarding the proposed acquisition and disposition of
real property in accordance with California Health and Safety Code Sections 3343 * and 33433; and
WHEREAS, the Agency and City Council have conducted a duly noticed joint public
hearing regarding the proposed acquisition and disposition of real property in accordance with
California Health and Safety Code Section 33679; and
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^#Resolution 95-
WHEREAS, the staff report pertaining to the DDA, which has been on display prior
to the joint public hearing in accordance with Sections 33433 and 33679 of the California Health
and Safety Code, contains a detailed description of the provisions of the DDA;
NOW, THEREFORE, BE IT RESOLVED, by the Redevelopment Agency of the City
of La Quinta as follows:
Section 1. The Agency finds and determines that the Environmental Determination
Negative Declaration) prepared with respect to the development of the Site and all undertakings
pursuant to the DDA indicates that the proposed DDA will not have a significant effect on the
environment and the Negative Declaration was certified by the City.
Section 2. Pursuant to Health and Safety Code Section 33445, the Agency finds and
determines that: 1) the public improvements set forth in the DDA to be constructed by the Agency
are of benefit to the Project Area and the immediate neighborhood in which the project is located;
2) no other reasonable means of financing the improvements are available to the community; and
3) the payment of flinds for the improvements to 48th Avenue will assist in providing housing for
low- or moderate- income persons.
Section 3. The Agency flirther finds and determines that the DDA provides for
improvements which will assist in fliture development of affordable housing for low- and moderate-
income individuals which will increase the community's supply oflow- and moderate- units pursuant
to Health and Safety Code Section 33334.2.
Section 4. The Agency flirther finds and determines that the consideration paid by the
District for the property to construct the Administrative Center is not less than the fair market value
at its highest and best use in accordance with the plan pursuant to Health and Safety Code Section
33433.
SectionS. The Agency approves the DDA in the form of Exhibit A" on file in the City
Clerk's office.
PASSED, APPROVED AND ADOPTED this 17th day of October, 1995 by the following
vote:
AYES: Board members Bangerter, Cathcart, Perkins, Pen a, and Chairman Sniff
NOES: None
ABSENT: None
ABSTAIN: None
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^# IL
Resolution 95-17
*LEYSNIFF,Cirman
City of La Quinta, California
ATT T:
UNDRA L. JUHOLA, Agency Secretary
City of La Quinta, California
APPROVED AS TO *ORM.
C. H L, Agency Counsel
City of La Quinta, California
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